NOT LISTED FOR SALE

Park Ocean Condos 5585 E Pacific Coast Hwy Unit 160 Long Beach, CA 90804

Park Estates Neighborhood

Estimated Value: $291,000 - $313,000

1 Bed
1 Bath
418 Sq Ft
$395/mo HOA Fee

Last Sold November 10, 2022

Last sale price $275,000 $658 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,278/month

41 Days on Market

Highlights

  • Fitness Center
  • 3.39 Acre Lot
  • Furnished
  • Minnie Gant Elementary School Rated A
  • Sauna
  • Community Pool

About This Home

As of November 2022

Amazing Opportunity on The Best Studio in Park Ocean!!Beautifully updated and close to Belmont Shore, CSULB and VA. One of only three units with a custom exterior patio. Located on the first floor, this unit has been upgraded with new flooring, new kitchen cabinets, granite counter tops and crown molding, plantation shutters, Dual pane vinyl windows and a sliding door to custom Patio. Updated bathroom vanity and sink. Air conditioning. The complex features BBQ area, one located just off the patio off this unit. Swimming Pool and Spa, Tennis Courts, Gym, common area. Water is included with the HOA dues. This unit is being Sold Fully Furnished, all major and small appliances, tables, bed TV, Printer, cups, plates, everything, just bring your clothes.

Last Agent to Sell the Property

Craig Wallace

Think Boutiq Real Estate License #01930723 Listed on: 09/17/2022

Co-Listed By

Karey Hannegan

Think Boutiq Real Estate License #01499216

Last Buyer's Agent

Paul Zeko

Berkshire Hathaway HomeServices California Properties License #01408656

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,689

Year Built

  • Built in 1970

Lot Details

  • 3.39

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 418 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub

Additional Features

  • 1 Common Wall
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025075

Community Details

Overview

  • 219 Units
  • Park Ocean Association
  • Powerstone HOA
  • Park Ocean Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,689

Year Built

Built in 1970

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: All Furnishings
  • Property Attached: Yes
  • Subdivision Name Other: Park Ocean (PO)
  • View: No
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025075
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 418.00 Square Feet
  • Interior Amenities: Furnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 657.89
  • Bathroom Features: Bathtub

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Other
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Tennis Court(s), Gym/Ex Room
  • Association Fee: 395.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 562-597-
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: PowerStone

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 147472.00
  • Lot Size Acres: 3.3855

Multi Family

  • Lease Considered: No
  • Lot Size Area: 147472.0000 Square Feet
  • Number Of Units In Community: 219
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 1
  • Tax Tract Number: 37203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2022
Closed on
Nov 3, 2022
Sold by
Tan Sek
Bought by
Zeko Jonah
Seller's Agent
Craig Wallace
Think Boutiq Real Estate
Buyer's Agent
Paul Zeko
Berkshire Hathaway HomeServices California Properties
List Price
$335,000
Sold Price
$275,000
Premium/Discount to List
-$60,000
-17.91%
Views
58
Current Estimated Value
$298,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,561
Avg. Annual Appreciation
2.93%

Purchase Details

Listed on
Jan 15, 2022
Closed on
Jan 25, 2022
Sold by
Japal Family Trust
Bought by
Sek Tan
Seller's Agent
Craig Wallace
Think Boutiq Real Estate
Buyer's Agent
Craig Wallace
Think Boutiq Real Estate
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.41%
Original Mortgage
$221,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2017
Sold by
Rodriguez Ii James J
Bought by
The Japal Family Trust

Purchase Details

Closed on
Aug 2, 2016
Sold by
Haskins David K
Bought by
Rodriguez Ii James J and Patin Connie M

Purchase Details

Closed on
Feb 19, 1999
Sold by
Danna Philip S
Bought by
Haskins David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,045
Interest Rate
6.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zeko Jonah $275,000 Clearmark Title
Sek Tan $295,000 Clearmark Title
The Japal Family Trust -- None Available
Rodriguez Ii James J $159,000 Orange Coast Title Co Socal
Haskins David K $48,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sek Tan $221,250
Previous Owner Haskins David K $47,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $275,000 -3.5% $658 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $285,000 -1.7% $682 / Sq Ft
10/24/2022 10/24/22 Price Changed $290,000 -2.8% $694 / Sq Ft
10/04/2022 10/04/22 Price Changed $298,500 -8.2% $714 / Sq Ft
09/30/2022 09/30/22 Price Changed $325,000 -3.0% $778 / Sq Ft
09/17/2022 09/17/22 For Sale $335,000 +13.6% $801 / Sq Ft
02/23/2022 02/23/22 Sold $295,000 0.0% $706 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $295,000 -- $706 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,689 $286,110 $114,444 $171,666
2024 $3,689 $280,500 $112,200 $168,300
2023 $3,626 $275,000 $110,000 $165,000
2022 $2,264 $173,886 $87,490 $86,396
2021 $2,217 $170,477 $85,775 $84,702
2019 $2,185 $165,423 $83,232 $82,191
2018 $2,130 $162,180 $81,600 $80,580
2016 $823 $64,211 $12,835 $51,376
2015 $792 $63,248 $12,643 $50,605
2014 $792 $62,010 $12,396 $49,614
Source: Public Records

Agents Affiliated with this Home

  • Craig Wallace

    Seller's Agent in 2022

    Craig Wallace

    Think Boutiq Real Estate

    (562) 673-1138

    7 in this area

    32 Total Sales

    Craig Wallace
    Section Image
  • Karey Hannegan

    Seller Co-Listing Agent in 2022

    Karey Hannegan

    Think Boutiq Real Estate

    (657) 465-5200

    6 in this area

    39 Total Sales

    Karey Hannegan
    Section Image
  • Paul Zeko

    Buyer's Agent in 2022

    Paul Zeko

    Berkshire Hathaway HomeServices California Properties

    (562) 665-8655

    1 in this area

    7 Total Sales

    Paul Zeko
    Section Image
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About Park Ocean Condos

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22203339

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-075

California Los Angeles County Long Beach 90804 Park Estates

5585 E Pacific Coast Hwy Unit 160, Long Beach, CA

This home is located at 5585 E Pacific Coast Hwy Unit 160, Long Beach, CA 90804 since 17 September 2022 and is currently estimated at $298,561, approximately $714 per square foot. This property was built in 1970. 5585 E Pacific Coast Hwy Unit 160 is a home located in Los Angeles County with nearby schools including Minnie Gant Elementary School, Stanford Middle School, and Woodrow Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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